# DAP price increased by Rs300 per bag amid weak rupee

> Pakistan's DAP price rose by Rs300 per bag to Rs10,886, bringing its increase this month to Rs510. The rise followed sharp rupee depreciation and higher input costs, and DAP offtake in December 2022 grew 35.2% year on year.

- Date: 2023-02-08 · published 2023-02-08T12:00:00.000Z
- Category: macro · region Pakistan · magnitude medium
- Page: https://feedsoft.ai/events/11743-dap-price-increased-by-rs300-per-bag-amid-weak-rupee
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

A weaker local currency raises landed import costs for phosphate, pushing domestic DAP prices higher. Buyers in Pakistan face higher phosphate costs, and the currency pressure keeps upward pressure on prices.

## Read by commodity

- DAP: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DAP | 2023-02-10 | 1 | +2.2% | 3.1 | Rupee depreciation and higher input costs pushed Pakistan's DAP price up Rs300 per bag, showing firm import-driven pricing and demand that may have supported global DAP prices. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2020-06-19 | [Sharp increase in SA fertiliser prices due to weak rand](https://feedsoft.ai/events/52920-sharp-increase-in-sa-fertiliser-prices-due-to-weak-rand.md) | +2.4% | +12.0% |
| DAP | 2022-01-31 | [Fertilizer Price Increases: Should Farmers be Worried?](https://feedsoft.ai/events/43465-fertilizer-price-increases-should-farmers-be-worried.md) | +5.6% | +29.9% |
| DAP | 2023-09-01 | [DAP Price Crosses Rs. 13,000 In Punjab Amid Devaluation and Hoarding](https://feedsoft.ai/events/34442-dap-price-crosses-rs-13-000-in-punjab-amid-devaluation-and-hoarding.md) | -0.7% | +0.3% |
| DAP | 2026-10-17 | [Phosphorus fertilizers are becoming increasingly expensive. DAP even up to 4,250 PLN per ton.](https://feedsoft.ai/events/675-phosphorus-fertilizers-are-becoming-increasingly-expensive-dap-even-up-to-4-250.md) | 0.0% | — |
| DAP | 2025-12-04 | [Weak rupee may raise fertiliser import, production costs and subsidy load \| Industry News - Business Standard](https://feedsoft.ai/events/5187-weak-rupee-may-raise-fertiliser-import-production-costs-and-subsidy-load.md) | -0.8% | -3.8% |

## Sources

- mettisglobal.news: https://mettisglobal.news/dap-price-increased-by-rs300-per-bag-amid-weak-rupee

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.